Grant Scheme

The Social Enterprise Grant Scheme is a ‘pilot’ scheme established by Inner City Enterprise (ICE), and drawn down under the Local Enterprise Office (LEO), Dublin.

The scheme currently has €50,000 at its disposal and is being set up to provide a small number of flexible grants for Social Enterprises, either at start-up or development phase.

Are you Eligible?

Applicants must be a Social Enterprise or want to set up a social enterprise i.e. A business that generates traded income with social outputs, in which all profit created is reinvested into the business

Ineligible Projects

Projects will be deemed ineligible if they are regular commercial businesses whose sole aim is to generate profits for Owners/Directors/Shareholders.

Projects will be deemed ineligible if in debt or if threatened insolvency is an issue.

Projects cannot be in receipt of other statutory grants.

Deadline EXTENDED 2nd June 2017

Evaluation Process

An ICE Evaluation Committee will assess the applications and supply a shortlist of candidates to the Social Enterprise Grant Committee for final selection and approval. A competitive process will be put in place to assist with the selection process.

Decisions will be recorded and a report made to overseeing Social Enterprise Grant Scheme Committee.

A number of shortlisted candidates will be invited to present their project/ social enterprise to the Social Enterprise Grant Committee. This will involve a 5 minute presentation and a 10 minute question and answer session. The Social Enterprise Grant Committee will then decide on the successful grant awardees.

Selection of successful candidates will be based on the following criteria:

Number of direct/indirect jobs to be created.

Quality of proposal

Viability/Sustainability of project

Quality of promoter

Social return/impact on investment

Conditions of Drawdown

A Letter of offer will be issued to successful candidates and this will include terms and conditions of drawdown of the grant funds.

The Letter of offer will need to be signed and returned within a month of receipt.

Applicants will be required to submit a copy of their registration documentation from the Company’s Registration Office (CRO) and a current Tax Clearance Cert.

Public liability insurance will need to be in place and evidence provided.

All successful applicants must agree to work with a mentor assigned by Inner City Enterprise or the Local Enterprise Office.

Successful applicants must be willing to allow reference be made to them, for the purpose of case study materials or media reports, which may be used by Inner City Enterprise or the Local Enterprise Office to further promote the Social Enterprise Grant scheme .

And Then?

Once all of the conditions of drawdown have been met grant funds will be paid to the successful applicants

The closing date for applications is 2nd June 2017. Inner City Enterprise reserves the right to extend this deadline.

All applicants will be notified by post of the success or failure of their application.

Apply Now

Applicants can access the application form by going to Inner City Enterprise’s Website

Applicants must email a completed application to Innercityenter@gmail.com and also, forward by post, a hardcopy of the application, signed by the proposer/s, to Inner City Enterprise, Unit G10 Spade Enterprise Centre, North King Street, Dublin 7.